IBT Staff Reporter

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Top German quits ECB over bond-buying row

The top German official at the European Central Bank resigned unexpectedly on Friday in conflict with the bank's policy of buying government bonds to combat the euro zone's debt crisis.
Sep 09, 2011

Obama tries to sell jobs plan, end gridlock

President Barack Obama began an uphill battle on Friday for support for a $447 billion jobs plan he hopes will rescue a faltering economy and his own re-election prospects.
Sep 09, 2011

Exclusive: U.S. probes Liechtenstein bank on tax dodge work

Federal prosecutors in New York are building a criminal-fraud case against Liechtenstein's oldest bank, Liechtensteinische Landesbank, that could result in charges it helped wealthy Americans evade taxes, according to persons briefed on the matter.
Sep 09, 2011

NASA Satellite Falling: Will It Hit You?

A NASA satellite is expected to make a crash landing on Earth in late September or early October. No one knows where it will land, not even NASA. It could even land on you -- but luckily, you have a better chance of winning the lottery than of having a piece of the satellite fall on your head.
Sep 09, 2011

U.S. demands action from Europe's strongest at G7

The United States pressed Europe's strongest economies on Friday to give unequivocal financial support to weaker euro zone states to overcome a debt crisis that threatens the world economy.
Sep 09, 2011

Wall St tumbles on ECB resignation, job plan

Wall Street stocks tumbled on Friday after the surprise resignation of a European Central Bank executive board member brought concerns over the region's debt back to the fore.
Sep 09, 2011

Private Medical Data for 20,000 Stanford Hospital Patients Was Online for a Year

The patients' names, account numbers, diagnosis codes, admission and discharge dates, and billing charges were posted on Student of Fortune, a commercial homework help Web site. The information was contained in a detailed spreadsheet, which the site posted on Sept. 9, 2010, to show customers how to create a bar chart from raw data.
Sep 09, 2011

Evernote considers IPO as growth picks up

Evernote, which makes a popular app for taking notes and storing data on tablets, phones and personal computers, is considering filing for an initial public offering by the end of next year, its chief executive told Reuters on Friday.
Sep 09, 2011

Analysis: Payroll tax cuts seen doable, but boost modest

The one component of President Barack Obama's jobs plan most likely to win approval in Congress -- payroll tax cuts -- will produce only a modest incremental lift to the U.S. economy and may barely nudge unemployment lower.
Sep 09, 2011

'Contagion' Film: How Would U.S. CDC Handle a Real-Life Pandemic?

In the new film Contagion, a rapidly evolving virus threatens to wipe out global society and federal health officials from the U.S. Centers for Disease Control and Prevention, whose staffers served as extras, must save the world from the killer outbreak.
Sep 09, 2011

How to play it: Potential winners on Obama's Jobs Act plan

* THE ISSUE: President Barack Obama called on Congress late Thursday to pass a $447 billion package of spending initiatives and tax cuts to boost economic growth and generate jobs. Here are several investment ideas based on his proposals.
Sep 09, 2011

Yields fall to 60-year lows on Europe worries

Treasury debt prices rose on Friday, taking benchmark yields to the lowest in at least 60 years as investors looked for a safe haven on revived worries a European debt crisis could have a significant global impact.
Sep 09, 2011

Google to Iran: Change your password

Google Inc is advising its Gmail email service customers in Iran to change their passwords in the wake of a cyberattack that has affected a major swath of the country.
Sep 09, 2011

Canada data dashes hopes of quick economic rebound

Weak jobs and housing starts data for August doused any hopes for robust growth after a bleak second quarter, underscoring its vulnerability to a struggling U.S. economy and the widening European debt crisis.
Sep 09, 2011

Apple wins German court ruling on Samsung tablets

Apple Inc scored a symbolic legal victory in efforts to keep its lead spot in the tablet computer market when a German court upheld a ban barring Samsung's local unit from selling its Galaxy 10.1 tablets in Europe's biggest economy.
Sep 09, 2011

Wall Street tumbles as ECB discord stirs fears

U.S. stocks tumbled on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.
Sep 09, 2011

EA defeats ex-Rutgers QB over image in video game

Electronic Arts Inc on Friday won the dismissal of a lawsuit by former Rutgers University quarterback Ryan Hart accusing it of using his image in its NCAA Football video game without permission.
Sep 09, 2011

HHS Shells Out $700 Million For Community Health Centers Nationwide

The U.S. Department of Health and Human Services (HHS) on Thursday announced the availability of two funding opportunities for community health centers to help build, expand and improve community health centers across the U.S. to provide needed care to low-income Americans.
Sep 09, 2011

Kroger profit grows, repeats earnings view

Kroger Co , the biggest U.S. supermarket chain reported higher quarterly net profit as robust sales eased worries that higher food prices would cause shoppers to reel in spending.
Sep 09, 2011

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